Enzyme

What is Enzyme Finance?

Enzyme is an easy-to-use on-chain asset management system, offering a unified app for accessing digital assets and decentralized finance (DeFi). This platform provides a front-to-back execution and order management system, ensuring fully automated reporting, risk management, administration, governance, and operations. The key features of Enzyme include:

Programmable Risk Management and Governance Tools:

• Full trade lifecycle support for crypto and DeFi.
• Establish trading roles with smart-contract enforced permissions.
• Define individual trading or profit and loss (P&L) stop-loss limits.

Data Integrity and Transparency:

• Sophisticated on-chain data pipelines for auditable and trustworthy data.
• Real-time reporting and performance dashboard with key metrics.
• Verifiable Net Asset Value (NAV) reporting

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Recent Video Interview

Main points of the interview:

• Enzyme Finance aims to enhance decentralized finance (DeFi) accessibility with modular strategies and granular control over asset management.
• Enzyme's unique approach to integrating DeFi primitives, enhancing protocol security and efficiency.
• The platform's upgradeable smart contracts ensure scalability and adaptability to evolving DeFi trends and user needs.
• Community governance enhancements on Enzyme empower users with voting rights.

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Use Cases

Treasury Management: Efficiently manage organizations' treasuries with Enzyme's programmable risk management. Funds: Set up on-chain DeFi funds, automating all fund operations and administration. Indexes: Build and rebalance indexes automatically on-chain or off-chain.

Enzyme Users

DAOs: DAOs benefit from Enzyme's programmable risk management, allowing delegation of trading while ensuring transparency and safety. Team members with specific permissions can access DeFi protocols, engaging in activities such as lending, borrowing, liquidity provision, and staking, all transparently accounted for in real-time.

Tokenholders in a DAO: Tokenholders gain transparency into a DAO's treasury management through Enzyme, enabling them to propose and monitor the health of the DAO and its treasury.

Vault Managers: Enzyme empowers Vault Managers to build, scale, and monetize investment strategies with non-custodial Vaults. They can leverage DeFi connections, a diverse token asset universe, fee charging options, rulesets, and advanced risk management tools.

Depositors: Enzyme allows depositors to connect to Smart Vaults, participating in investment strategies while retaining control over their assets. Depositors can search for and deposit into Vault strategies in a non-custodial and transparent manner.

Enzyme Finance Features

Enzyme Finance provides a range of features within the DeFi ecosystem, including:

• Swaps
• Lending
• Borrowing
• Staking
• Governance Delegation
• 24/7 NAV Access
• Activity Log
• API Integration for On-Chain Activity
• Fiat On-Ramp

These features collectively offer users a comprehensive suite of tools for secure, transparent, and efficient asset management within the DeFi landscape.

MLN Token

The Enzyme token ($MLN) is the native cryptocurrency of the platform, functioning as an ERC-20 utility token. Enzyme users can utilize $MLN to receive a 50% discount on the protocol fee buyback.

Project Development

Enzyme Finance has announced an exciting integration with StakeWise V3, a liquid staking marketplace facilitating participation in Ethereum's Proof-of-Stake consensus mechanism with custom terms and ETH rewards accrual. With over 100k ETH staked, StakeWise enables Enzyme asset managers to access top ETH staking offers, allowing them to earn transparent and reliable yields on their terms.

StakeWise V3 functions as a liquid Ethereum staking marketplace, granting users control over their capital through non-custodial features, enabling unstaking at any time with no minimum ETH requirement or staking fees. The platform emphasizes capital efficiency with auto-compounding of staking rewards and tokenless staking for tax efficiency.

The integration presents several benefits for Enzyme users:

• Yield Generation: Vault managers can earn steady yield on idle ETH through StakeWise Vaults, currently offering up to a 3.72% staking APR after fees.
• Flexibility: StakeWise V3 allows Enzyme users to deposit any amount of ETH, making ETH staking accessible to all users.
• Control: Users can choose the best staking terms by selecting operators, fees, and decentralization setups through the StakeWise Marketplace.
• Liquid Staking Opportunity: StakeWise Vaults make all staked ETH liquid through osETH, providing capital efficiency and flexibility.
• Decentralization: Participating in StakeWise helps decentralize the Ethereum network, addressing the concentration issue present in the current liquid staking market.

This integration benefits solo stakers, DAO treasuries, institutional investors, and asset managers running Enzyme vaults, providing an efficient and user-friendly method to stake assets and maximize yields.

Enzyme Price Analysis

As of November 24 2024 Enzyme has a marketcap of $25M. This is {{percentagefromath}} from its all time high of $258.26. In terms of its tokenomics, there's a total supply of 2.7M with 54% currently outstanding. Keep in mind Enzyme has a fully diluted value of $45M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.